Attached files
| file | filename |
|---|---|
| 8-K - 2011-0527 US12NG FORM 8K - United States 12 Month Natural Gas Fund, LP | us12ng8k_2011-0527.htm |
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Exhibit 99.1
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United States 12 Month Natural Gas Fund, LP
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Monthly Account Statement
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For the Month Ended April 30, 2011
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Statement of Income (Loss)
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Income
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Realized Trading Gain (Loss)
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$ | (683,780 | ) | ||
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Unrealized Gain (Loss) on Market Value of Futures
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1,892,830 | ||||
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Dividend Income
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382 | ||||
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Interest Income
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75 | ||||
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ETF Transaction Fees
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1,000 | ||||
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Total Income (Loss)
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$ | 1,210,507 | |||
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Expenses
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Investment Advisory Fee
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$ | 23,664 | |||
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Brokerage Commissions
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833 | ||||
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NYMEX License Fee
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772 | ||||
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Non-interested Directors' Fees and Expenses
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223 | ||||
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Prepaid Insurance Expense
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97 | ||||
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Other Expenses
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16,440 | ||||
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Total Expenses
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42,029 | ||||
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Expense Waiver
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(11,707 | ) | |||
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Net Expenses
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$ | 30,322 | |||
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Net Gain (Loss)
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$ | 1,180,185 | |||
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Statement of Changes in Net Asset Value
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Net Asset Value Beginning of Period 4/1/11
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$ | 41,129,318 | |||
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Withdrawals (100,000 Units)
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(3,283,337 | ) | |||
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Net Gain (Loss)
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1,180,185 | ||||
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Net Asset Value End of Period
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$ | 39,026,166 | |||
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Net Asset Value Per Unit (1,100,000 Units)
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$ | 35.48 | |||
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To the Limited Partners of United States 12 Month Natural Gas Fund, LP:
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Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that,
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to the best of his knowledge and belief, the information contained in the Account Statement for
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the month ended April 30, 2011 is accurate and complete.
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/s/ Howard Mah
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Howard Mah
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Chief Financial Officer
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United States Commodity Funds LLC, General Partner of United States 12 Month Natural Gas Fund, LP
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United States Commodity Funds LLC
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1320 Harbor Bay Parkway
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Suite 145
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Alameda, CA 94502
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